Summary by Futu AI
China Agricultural Bank Co., Ltd. (AgBank) announced that it has fully redeemed its perpetual capital bonds (2nd tranche) issued in 2019. The bonds were issued on September 3, 2019, with a size of RMB 35 billion and completed on September 6, 2019. According to the bond prospectus, AgBank has the right to fully redeem the bonds on the interest payment date of the fifth interest calculation year (September 5, 2024). As of the announcement date of September 6, 2024, AgBank has exercised this redemption right. The announcement is made by Liu Qing, the company secretary on behalf of the board of directors, and the list of executive directors and non-executive directors is provided.